Government, Ministry of Power, NERC, Regulation

Speaker Femi Gbajabiamila wades into Electricity Tariff Increase controversy

Posted: January 13, 2020 at 1:39 am   /   by   /   comments (0)

The Honourable Speaker of the House of Representatives, Mr Femi Gbajabiamila has spoken his mind on the current controversy of electricity tariff increase recently announced by the power industry regulator.

For the Speaker, he would want the National Assembly to support the increase in electricity tariffs, making it cost reflective so that it would be a win win situation for both the service providers and customers. However such tariff increase should be after the National Assembly has passed the bill criminalizing estimated billing in the power industry and the President of the Federation signing it into law.

The distinguished Speaker spoke his mind through a series of tweets on his personal handle @femigbaja. His last tweet said; “Also, any such increase should only be made after the proposed amendment to the law criminalizing estimated billing is signed into law. I intend to meet and discuss this sequence and other conditions with the Attorney General of the Federation and other relevant authorities”.

A lot of people responded to the speaker’s tweets showing support for the bill to be passed before any electricity tariff increase is implemented.

It would be recalled that the power sector industry regulator, Nigerian Electricity Regulatory Commission, NERC, had recently announced a biannual increase in tariff that might take effect from April 2020. The association of electricity distribution companies which has always called for increase in tariffs, quickly announced that the tariff increase was to take effect from January 2020.

While the industry regulator and DisCos differed on take off date, the customers said they do not want any tariff increase until power supply delivery improves and customers are adequately metered to account for only what they consume.

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